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As lockdown restrictions ease and we start to consider travelling again, the future of cross-Channel operator Eurostar remains uncertain.
Eurostar is seeking financial support from the UK Government, citing higher access charges here as a reason.
The French Government has pledged to provide support for the operator, while £200 million has been provided by one of its shareholders, Caisse de Dépôt et Placement du Québec (CDPQ) and Hermes Infrastructure.
Registered in the UK and supporting 3,000 jobs either with the business or in the supply chain, the company is, however, 55% owned by SNCF (French state rail), 40% by CDPQ/Hermes and 5% by SNCB (Belgian state railways).
So: Should the UK Government provide financial assistance to Eurostar?

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New Tube for London delayed

Plans for the New Tube for London (NTfL) project that will provide 250 new trains for the Bakerloo, Central, Piccadilly and Waterloo & City lines have been delayed, RAIL understands.

The Invitation To Tender was due to be issued at the end of February, but has now been delayed indefinitely according to industry sources. This is believed to be linked to the awaited signing of the replacement Automatic Train Control contract on the Sub-Surface lines.

The delay relates to funding and scoping the project, which will influence the completion date.



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Comments

  • Henry Law - 22/02/2015 22:34

    The Central Line and W&C trains date from 1992, so a the normal 40 year life should take them through to 2032. The 1938 stock was in service with the underground until 1988 ie 50 years. What is going on here? This looks like serious waste.

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  • Rabbit9168 - 23/02/2015 22:32

    I hope this means the 1972 Stock last longer - They are brilliant little trains and it would be funny if they lasted 60 years

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